We update an assessment of potential changes in payments that mortgage holders could face at renewal in 2025 and 2026. We use ...

The situation is by no means unique to Canada—several other countries have observed similar trends. So, does this mean that Canadians are giving up on cash? The short answer is no. Canadians still ...

Taking action From the start of the global credit crisis in August of 2007, the Bank of Canada responded to the challenges facing the Canadian financial system. To promote liquidity in the markets, ...

Trade makes the pie bigger For decades, as trade among countries has grown, so has the world’s wealth. Here in Canada, roughly 1 in 6 jobs is linked to exports. Economists estimate that incomes in ...

Readability formulas At its broadest, the concept of readability includes not just the written text itself but also aspects such as the layout, visual elements and context. For example, the Bank’s web ...

Exceptions In extraordinary market conditions or in the presence of technical issues, the publication of the exchange rates may be delayed. Rates that cannot be published by 17:00 ET will be shown as ...

Trading flows affect Government of Canada bond prices. Our estimates suggest a sale of 1% of the available supply of bonds ...

1. The Level of the Inflation Target Canada targets 2 per cent inflation, the midpoint of a 1 to 3 per cent inflation-control target range. Since 2011, the experience of advanced economies with ...

Since issuing its first series of bank notes in 1935, the Bank of Canada has issued four commemorative bank notes. Each commemorative note marks an important milestone for the reigning monarch or a ...

The number of new low-ratio mortgages for home purchases has declined, beginning in the second half of 2017 and continuing through the first half of 2018. In the first quarter of 2018, old qualifying ...

The Bank's responsibilities under the Payment Clearing and Settlement Act Since 1996, Canada’s Payment Clearing and Settlement Act (PCSA) has conferred on the Bank of Canada specific responsibilities ...

We share insights about non-bank financial intermediation in Canada in 2023. These data were collected as part of the Bank of ...